House moving up by 50%

The amount of households in the moving process is up by a staggering 50% based on a year-on-year comparison report by twentyci. The surge in house moving after the first lockdown has continued and figures indicate that Q1 2021 saw over 330,000 exchange of contracts, which is a year on year growth of nearly 55%. As a result of the buoyant market, there are concerns about whether there is enough stock to sustain these levels, with under two months of stock left in 530 districts of the UK. This is around half of what is usually available. Read the summary from twentyci here.